Inner Circle Trader's Pro Traders Club 2012 - 2013 Series

Beginner Questions
8072

No, that thread is not locked. It just degenerated into a total waste of time — hundreds of posts of juvenile trash-talk.

If you haven’t kept up with things over the past 6 weeks, or so, here’s a summary:

Michael has left Babypips, a little earlier than he originally planned to do. His plan had been to separate from Babypips in March 2013. But, a disagreement between Michael and one of the moderators here prompted him to leave this site in early February.

When he left Babypips, he deleted all the videos in his YouTube account. So, all links to ICT videos here in the Babypips forum are now disabled. Also, Michael’s LiveStream (webinar) channels have been shut down.

All of Michael’s instructional videos will be re-issued after some editing to remove the Babypips association. The re-issued videos will be hosted on Michael’s new website (not on YouTube). Archives of Michael’s videos will not be available here on Babypips, or anywhere else on the internet. And, apparently, links to individual ICT videos will not be allowed on Babypips, or elsewhere.

Here is what he has said about the future control of his copyrighted video material:

“The videos are being stripped of Babypips logos and permisions to post. I do not nor will I permit my videos on any forum. It’s not for use for distribution. I own the content and presentations… and expect your website to remove if they some how pop up by posters. This will be advertisement to me… something I want or do not need.”

That’s an excerpt from Michael’s last post (under the InnerCircleTrader screen-name) here on this forum. Here’s a link to the entire post.

Evidently, Michael’s followers here on the Pro Traders Club thread will have to toggle between discussions on this thread and videos on Michael’s website.

But, some of this might change in the future. Michael’s website is under construction, and things are in transition. For now, you can access the most recent ICT market review videos by going to Michael’s website and clicking on the Market Review drop-down menu. And there are a couple of recent videos on his YouTube channel.

8073

All he needs to do now is to try find a way of turning that mountain of information into a profitable live account history.

If he’d managed to achieve that objective in the first place & kept his over-inflated ego in check there would have been no need to throw his toys out of his pram & flounce off the forum like the drama queen he is leaving behind yet another round of confusion & chaos.

There also would have been no need for you to run along behind him tidying up all his mess.

8074

Speaking of mess, the break of 2950 is significant, but the big question is - was it a stop run?.

I’m reluctant to sell just yet, but at the same time Iya is right about bottoms etc.

I’ll wait for the action to tidy itself up, maybe nyo.

8075

Exactly my thoughts! Bond prices falling too!

Market structure and flow still down though.

Sat at sweet spot on daily chart.

Standing aside for now

8076

I’m biased tho :D. In short from 1.3337.

8077

leave one “3” out and you got 1337. that has got to be a winner! (think you know what i’m talking about since you are a gamer as well ;))

8078

0]= <0|||253 1 |<||0// //|-|47 `/0|||2 74||<1||9 4|30||7

Been a long time since I’ve done that lol. The past few weeks I’ve only been looking at daily charts. I have been meaning to get in some intraday action but I’ve been lazy lol. That’s the awesome thing about the higher time frames. Not nearly as much attention required. Plus since I’m in a trade or more already I’m dont feel the “itch” or like I’m gonna miss something lol. I really think I’ve found my trader calling with this position stuff. I know not everyone is the same, but I really think this is where the money is at. I’m also distancing myself from the forums :(. I check this thread a bit a peruse but I’m not gonna post as much. Good luck guys.

8079

oh wow, you are hardcore, i cant read that :smiley: “… i know what your … about”

8080

Hi guys, just saw that FXbook has launched a COT service, check it out: Commitments of Traders | Myfxbook

8081

This is something I’m not very knowledgeable about… but I remember ICT talking about the asian range as setting the market…

we should look at the asian range for hints because money positions itself…

“Asian Session - The Asian Range determines the directional bias or likely direction for
the majority of the London & NY sessions. Where the money is positioned in Asian
dictates the profit release on the trading day. Typically trades counter the NY session
direction in a corrective bounce.”

So, looking at today’s asian range, we are looking at a sell day?? Since a lot of shorts were acquired? This would go along with my l-t Directional bias, as well as the strength in USD as confirmed by retail sales, etc.

Anyone? :stuck_out_tongue:

8082

And as far as i know you would be correct. Btw your English language is very good. Are you spanish?

8083

Thank You !!! heheh, no i’m american but been living in madrid since 2009, and before that I lived in costa rica since 07. xDDD love it here. :stuck_out_tongue:

^^

Looks like euro is headed down… gonna wait til NYO =)

8084

Morning all - thoughts on a potential long EU setting up…

EU falling to 12880 which is the next main support line and the 79% retracement fib fom the Nov 012 low to the Jan 013 high looks likely to coincide with USDx hitting 83.50 which is its next line of resistance. Looks like a good postion to take a long. If it gets down that low of course…

have a good one :slight_smile:

8085

Shorted Fiber at 1.2930… Looking for a short term trade today… Maybe 30 pips or so… will see :slight_smile:

8086

Interesting divergence between US 10 Yr and USDx - lower 10yr / higher USDx? - a turn around ahead? - maybe the US Employment nos will act as catalyst

Peterma - any thoughts?

8087

Currently, Fiber is testing my “bravery”…this should be interesting…

8088

EUR: Heavy defence of 1.29/1.2920. Any shorts should consider taking some profits. Close of the day/week will be telling.

Where’s the cushion for my stool?

8089

I am testing my conviction…don’t know if it is even a right word for it…sorry for the second language over here.

8090

At least tighten your stop. Let the market sing to you, never try to impose yourself on it.

8091

Yep, IF fibre rises it may be a fast move, this div on since yesterday, Us 10 yr (the one I use for quick reference) is now approaching support.

This divergence has kept me flat, If I see a change in MS up I would buy a retracement at ote, but nothing yet.

Eur/Gbp says euro selling (change for that cross) but is now at ote on hourly - so am keeping an eye on that.

The bond prices agree with djia/s&p - risk on, usdx is the one saying hold up - so I’m flat.